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SBI Leasing Services CoTSE:5834 +2.02%74 ROC (Joel Greenblatt) % is 45.49% as of Mar. 2026, which is 1% above its 10-year median of 45.16. GuruFocus rates TSE:5834 with a GF Score™ of 74/100 and a GF Value™ of 円2,054.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,081 Business Services companies, SBI Leasing Services Co ranks better than 65.96% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. SBI Leasing Services Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 45.49%.
The historical rank and industry rank for SBI Leasing Services Co's ROC (Joel Greenblatt) % or its related term are showing as below:
TSE:5834'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.65 Med: 45.16 Max: 62.72
Current: 41.09
During the past 6 years, SBI Leasing Services Co's highest ROC (Joel Greenblatt) % was 62.72%. The lowest was -19.65%. And the median was 45.16%.
TSE:5834's ROC (Joel Greenblatt) % is ranked better than 65.96% of 1081
companies
in the Business Services industry
Industry Median: 21.2
vs TSE:5834: 41.09
SBI Leasing Services Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
SBI Leasing Services Co (TSE:5834) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
SBI Leasing Services Co ROC (Joel Greenblatt) % Related Terms
SBI Leasing Services Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for SBI Leasing Services Co's ROC (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SBI Leasing Services Co ROC (Joel Greenblatt) % Chart
TSE:5834 vs URI, SUNB, AER: ROC (Joel Greenblatt) % Comparison
For the Rental & Leasing Services subindustry, SBI Leasing Services Co's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SBI Leasing Services Co ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, SBI Leasing Services Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SBI Leasing Services Co's ROC (Joel Greenblatt) % falls into.
SBI Leasing Services Co ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a ROC (Joel Greenblatt) % of 45.49% mean?
SBI Leasing Services Co (TSE:5834) has a ROC (Joel Greenblatt) % of 45.49% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on SBI Leasing Services Co and its competitors. This is near median its historical median of 45.16. According to the industry distribution chart, SBI Leasing Services Co ranks #368 out of 1081 companies in the Business Services industry, placing it in the top 34%.
Is SBI Leasing Services Co's ROC (Joel Greenblatt) % too high?
SBI Leasing Services Co's current ROC (Joel Greenblatt) % of 45.49% is near median its 10-year median of 45.16. The Business Services industry median ROC (Joel Greenblatt) % is 21.20. SBI Leasing Services Co's value of 45.49% is 114.6% above this industry median. Based on the distribution chart, SBI Leasing Services Co ranks #368 out of 1081 companies in the Business Services industry, which is above the industry midpoint. Overall, SBI Leasing Services Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBI Leasing Services Co's ROC (Joel Greenblatt) % compare to URI and SUNB?
According to the Business Services industry distribution chart, SBI Leasing Services Co ranks #368 out of 1081 companies for ROC (Joel Greenblatt) %. This puts SBI Leasing Services Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.20. SBI Leasing Services Co's value of 45.49% is 114.6% above this benchmark. While the company's 10-year median is 45.16 vs. the industry median of 21.20, SBI Leasing Services Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.20, based on 1,081 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBI Leasing Services Co's current ROC (Joel Greenblatt) % of 45.49% is 114.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on SBI Leasing Services Co and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Leasing Services Co's current ROC (Joel Greenblatt) % is 45.49%, which is near median its own 10-year median of 45.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Leasing Services Co stock overvalued right now?
Based on GuruFocus' analysis, SBI Leasing Services Co (TSE:5834) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,054.14, compared to a current price of 円2,830.00 — trading 37.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 45.49%, which is near median its 10-year median of 45.16 and 114.6% above the Business Services industry median of 21.20. SBI Leasing Services Co's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For SBI Leasing Services Co (TSE:5834), the current ROC (Joel Greenblatt) % is 45.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SBI Leasing Services Co (TSE:5834) Overvalued in 2026?
Based on GuruFocus' analysis, SBI Leasing Services Co stock appears to be overvalued.
The current stock price of 円2,830.00 is trading 37.8% above its estimated GF Value™ of 円2,054.14.
GuruFocus considers SBI Leasing Services Co to be Significantly Overvalued.
Key valuation signals for TSE:5834:
ROC (Joel Greenblatt) %: 45.49% (near median its 10-year median of 45.16)
GF Value™: 円2,054.14 vs. price of 円2,830.00 (37.8% above fair value)
Industry Position: 114.6% above the Business Services median (#368 of 1081)
No single metric tells the full story. See the TSE:5834 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBI Leasing Services Co Ltd offers Japanese-style operating lease products that invest in real assets such as aircraft and ships. It also participate in the principal investment business (self-investment in ships) as an investor.
74GF Score
Get the complete analysis for TSE:5834
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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